Blogs and advertising abound with tips for would-be entrepreneurs about starting new businesses. Many warn that 90 percent of new businesses fail in the first one to five years and suggest ways to avoid being at the wrong end of that statistic. Others advertise how to incorporate without a lawyer.
Entrepreneurs watching their pennies are often tempted to believe the ads that tell them it’s simple and all they have to do is plug their business facts into the software. People think they are saving money or feel they simply cannot afford to hire an attorney, when the reality often is that they cannot afford not to, because in the end they could lose valuable assets, including their homes. These entrepreneurs and start-up businesses need our help.
